HSBC Bank USA, N.A. v. Estrella II Homeowners Association et al

Filing 66

SUPPLEMENTAL ORDER Re: 61 Order on Motion for Summary Judgment. IT IS HEREBY ORDERED that SFR's Motion for Summary Judgment is GRANTED and the Association's Motion for Summary Judgment is GRANTED. Signed by Judge Richard F. Boulware, II on 8/23/2019. (Copies have been distributed pursuant to the NEF - ADR)

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DIANA S. EBRON, ESQ.
Nevada Bar No. 10580
E-Mail: [e-mail]
JACQUELINE A. GILBERT, ESQ.
Nevada Bar No. 10593
E-Mail: [e-mail]
KAREN L. HANKS, ESQ.
Nevada Bar No. 9578
E-Mail: [e-mail]
KIM GILBERT EBRON
7625 Dean Martin Drive, Suite 110
Las Vegas, Nevada 89139-5974
Telephone: [phone]
Facsimile: [phone]
Attorneys for SFR Investments Pool 1, LLC

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UNITED STATES DISTRICT COURT

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DISTRICT OF NEVADA

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[phone] FAX [phone]

KIM GILBERT EBRON

7625 DEAN MARTIN DRIVE, SUITE 110
LAS VEGAS, NEVADA 89139

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HSBC BANK USA, N.A., AS TRUSTEE FOR Case No. 2:17-cv-00016-RFB-EJY
THE LMT 2006-7 TRUST FUND,

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Plaintiff,
vs.

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Defendants.
SFR INVESTMENTS POOL 1, LLC,

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[PROPOSED] SUPPLEMENTAL ORDER
GRANTING SFR INVESTMENTS POOL
1, LLC’S MOTION FOR SUMMARY
JUDGMENT

ESTRELLA II HOMEOWNERS’
ASSOCIATION, a Nevada non-profit
corporation; SFR INVESTMENTS POOL 1,
LLC, a Nevada limited liability company;

Counter/Cross Claimant,
vs.
HSBC BANK USA, N.A., AS TRUSTEE FOR
THE LMT 2006-7 TRUST FUND; ASHAR
W. MUJTABA, an individual,
Counter/Cross Defendants.

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Before the Court came Estrella II Homeowners’ Association’s (“Association”) Motion for

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Summary Judgment [ECF No. 50] and SFR Investments Poo1, LLC’s (“SFR”) Motion for

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Summary Judgment [ECF No. 51] each against HSBC Bank USA, N.A., as trustee for the LMT

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2006-7 Trust Fund (“Bank”). Having considered the Bank’s respective Responses [ECF Nos. 53

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and 54] and SFR and the Association’s respective Replies [ECF Nos. 56 and 57], and for all the

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reasons stated on the record, the Court rules as follows:

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IT IS HEREBY ORDERED that SFR’s Motion for Summary Judgment is GRANTED and

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the Association’s Motion for Summary Judgment is GRANTED. The nonjudicial foreclosure sale

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conducted on July 1, 2014 extinguished all junior interests in the Property, including the deed of

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trust recorded as Instrument No. 20060526-0002958. As a result, the Bank, its successors or

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assigns, has no enforceable lien, interest or property right in the real property located at 6243

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Copper Light Street, Las Vegas, Nevada 89081; Parcel No. 124-25-512-057.

successors or assigns, has no right, title or interest in the real property located at 6243 Copper

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Light Street, Las Vegas, Nevada 89081; Parcel No. 124-25-512-057.

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[phone] FAX [phone]

KIM GILBERT EBRON

Additionally, as a result of the Association’s foreclosure sale, Ashar W. Mujtaba, his

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7625 DEAN MARTIN DRIVE, SUITE 110
LAS VEGAS, NEVADA 89139

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HSBC Bank USA, N.A. v. Estrella II Homeowners’ Association, et al.

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2:17-cv-00016-RFB-GWF

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The Court further finds that there is no basis to support the lis pendens in this case as Bank

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has no existing interest in the Property. The lis pendens recorded against the Property in the Official

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Records of the Clark County Recorder as Instrument No. 20150512-0002931 and Instrument No.

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20170113-0000966 shall therefore be expunged.

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August 23, 2019
DATED: __________________
__________________________________
RICHARD F. BOULWARE, II
UNITED STATES DISTRICT JUDGE

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Submitted by:

Approved as to Form and Content:

Kim Gilbert Ebron

Wright Finlay & Zak LLP

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/s/ Jason G. Martinez______________
Jason G. Martinez, Esq.
Nevada Bar No. 13375
7625 Dean Martin Drive, Ste 110
Las Vegas, Nevada 89139
Attorneys for SFR Investments Pool 1, LLC

/s/ Lindsay D. Robbins_________________
Lindsay D. Robbins, Esq.
Nevada Bar No. 13474
7785 W. Sahara Avenue, Suite 200
Las Vegas, Nevada 89117
Attorneys for HSBC Bank USA, N.A.

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Approved as to Form and Content:

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Lipson Neilson P.C.

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/s/ Amber M. Williams______________
Amber M. Williams, Esq.
Nevada Bar No. 12301
9900 Covington Cross Drive, Suite 120
Las Vegas, Nevada 89144
Attorneys for Estrella II Homeowners’
Association

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[phone] FAX [phone]

KIM GILBERT EBRON

7625 DEAN MARTIN DRIVE, SUITE 110
LAS VEGAS, NEVADA 89139

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